ASAP please!!!! Trish receives $480 on the first of each month. Josh receives...
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ASAP please!!!! Trish receives $480 on the first of each month. Josh receives $480 on the last day of each month. Both Trish and Josh will receive payments for next three years. At a 9.5 percent discount rate, what is the difference in the present value of these two sets of payments? Select one: a. $124.30 b. $121.06 C. $118.63
ASAP please!!!!
Trish receives $480 on the first of each
month. Josh receives $480 on the last day
of each month. Both Trish and Josh will
receive payments for next three years. At a
9.5 percent discount rate, what is the
difference in the present value of these two
sets of payments?
Select one:
a. $124.30
b. $121.06
C. $118.63
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